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official
India, UK work to resolve issues holding up trade pact implementation, says official
India and the UK are working to resolve outstanding issues that have delayed the implementation of their free trade agreement, including UK steel safeguard measures and its proposed Carbon Border Adjustment Mechanism (CBAM). Commerce Secretary Rajesh Agrawal said an Indian team is in London to operationalise the pact signed in July 2025. The UK will cut tariff-free steel quota volumes by 60% from July 1, 2026, and impose a 50% tariff on imports above the quota.
India's Export Growth Driven by Policy Reforms and Initiatives
India's exports are on the rise, driven by government policy reforms and initiatives. Senior Economic Adviser Agrim Kaushal highlights the '5F vision' and various schemes aimed at strengthening the textiles and apparel sector.
Trade India's Seafood Exports Reach Record High in 2025-26
India's seafood exports reached a record 19,72,018 metric tonnes worth ₹73,890.46 crore ($8.46 billion) in 2025-26. The United States and China were the top importers, with frozen shrimp leading the export basket.